Category Archives: Housing News

Yesterday, (April 20th, 2017) Ontario Premier Kathleen Wynne announced more information regarding the efforts to cool the housing market in Southern Ontario. Some of the key details to be aware of include: 15 per cent tax on property purchases by foreign buyers. This tax is aimed at targeting speculators and excludes foreigners who buy properties…

April 4th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 928 property sales processed through the NAR Multiple Listing Service (MLS®) system in March. This represents a 26% increase in sales over March of last year. The residential average sale price of $403,251 was 33% higher than last March. The average days on…

Genworth Canada's The Meaning of Home Contest invites Grade 4, 5 and 6 students from across Canada to submit a written essay about what home means to them for a chance to direct $50,000 to a Habitat for Humanity build of their choice in Canada and $1,000 cash prize for the school of the winning…

In this time of Thanksgiving we give thanks to you for being a valued member of our Team Berkhout Bosse community of friends and clients. We are grateful for the opportunity of serving you and providing you with the best possible service, information and advice. As we head into the final quarter of the year…

Classic gem located walking distance to Fonthill Village centre , 1522 sq.ft in size this 1.5 story home is much larger than it appears from the street. The flexible floor plan features 4 bedroom and 2 bathrooms with 2 large bedrooms and full bathroom up and 2 bedrooms and full bathroom on the main floor;…

It has been an active summer for real estate sales across the Niagara Region with 2994 unit sales reported during the months of June, July and August in the communities serviced by the Niagara Association of REALTORS®. This figure reflects a gain of 15.7% over last year’s total of 2588 transactions during the same three…

Sales UP 45.2% - Average Price Jumps 15.6% During the first six months of 2016 there were 212 unit sales recorded in Pelham – up 45.2% from the total of 147 transactions reported between January and June 2015. Our local 12 month average price now stands at $450,554 up 15.6% from last June’s month end…

Have you heard the latest Niagara real estate news? Toronto hyper-activity trends have hit out local market. With demand continuing to escalate as our inventory of available listings remains at record lows multiple offers are now a regular occurrence. CASE STUDY: This month Team Berkhout Bosse handled the sale of a 15 year old raised…

Loving our customers is about service, not sales. Nobody likes the feeling of being “SOLD’ to. After nearly 30 years of both making our career in a professional service industry we embrace the philosophy of this famous quote by Maya Angelou. “I've learned that people will forget what you said, people will forget what you…

It was a Happy New Year celebration indeed for our local real estate market. Sales levels hit record heights in Pelham this past year while the average price in Welland spiked dramatically. Residential sales in Pelham reached 232, a healthy 7.9% increase over the total of 215 recorded in 2013. This year-end tally reflects the…

We just read an interesting article just published on Workopolis: How much you need to earn to buy a house in every major Canadian city? Click here to read full article Using the same criteria outlined in the Workopolis analysis the figures for our local market are as follows: (The Welland and Pelham 12-Month Average…

Preventing the spread of municipal land transfer taxes (MLTT) is the focus of a new advocacy campaign at the Ontario Real Estate Association. The association launched the issue-based campaign in April to demonstrate the negative economic impact of the MLTT, based on the findings of new research studies. Currently allowed only in Toronto, this tax…

OREA renews call for grow-op registry Ninety-six per cent of Ottawa residents agree they want to know if the home they’re planning on purchasing was formerly used as a marijuana grow-op (MGO) or clandestine drug lab, according to a study by Ipsos Reid for the Ontario Real Estate Association (OREA). The poll found that almost…

When you buy a condominium from plans that won’t be built for a few years, the developer has to give you a list of important documents when you sign the sale agreement. These include the rules that will govern the condominium and a budget for the first year, so you can figure out in advance…